Cladding Systems Market - Forecast (2022 - 2027)
The global cladding market is witnessing a huge growth due to increased construction projects - both residential and non-residential buildings. Since, the Grenfell Tower fire incident where exterior claddings lead to the aggressive spread of fire, authorities have been quick to charter safety and health regulations. Moreover, rising concerns about the fire-safety of claddings and its health effects on the inhabitants of the building has lead to the development of new cladding materials in compliance with regulations. Along with safety, customers are seeking energy efficient claddings to reduce energy costs giving rise to large potential growth opportunities in the market. What are Cladding Systems Cladding refers to the addition of certain components attached to the basic structure of a building, usually made from metal, vinyl, composite materials, bricks, wood and other materials. The function of cladding could be to provide thermal and sound insulation between the interior and...